Mathematics · Simple Interest
The simple interest on a certain sum for 4 years at 14% per annum is Rs. 6,160 less than the simple interest on the same sum at the same rate for 8 years. Find the sum.
- 1Rs. 10,000
- 2Rs. 11,000✓
- 3Rs. 12,000
- 4Rs. 9,000
Correct answer
Rs. 11,000
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